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continue raising taxes? let's control spending. washington spending is in the highest level in the history of our country. there's not a tax ref new problem. there's a spending problem. it's not only hurting washington and our ability to balance the budget. it's hurting our economy. and people in the country are going wait a minute. we manage to live within our means. why can't washington figure this out? >> we're at record low levels in terms of discretionary spending. we haven't had it this low since the eisenhower administration. so where does that come from? because as you know, democrats are not going to touch those entitlement programs unless you are willing to touch revenue. do you think we can really cut more? >> it's going to have to be addressed one way or another. mandatory spending is the biggest part hasn't been addressed by congress. obama care is part of mandatory spending. every report of obama care each report says it's going to cost more money and add more to the deficit than the prior repo
continue raising taxes? let's control spending. washington spending is in the highest level in the history of our country. there's not a tax ref new problem. there's a spending problem. it's not only hurting washington and our ability to balance the budget. it's hurting our economy. and people in the country are going wait a minute. we manage to live within our means. why can't washington figure this out? >> we're at record low levels in terms of discretionary spending. we haven't had it...
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Mar 17, 2013
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taxes? control spending. washington spending is at the highest level in the history of the country. there is a spending problem in washington. it is not only heard in washington and our ability to balance the budget, it is hurting the economy. people in the country are going we men are managing to live within our means, why can -- we are managing to live within our means, why can't washington figure it out? >> as you know, democrats will not touch entitlement programs, she were willing to touch revenue. the you think we can really, think we canu really cut more? >> obama care is part of mandatory spending. each report says it will cost more money and add more to the deficit in the prior report. we have to address that problem. medicare right now is scheduled to go bankrupt. people say do not touch medicare. that means let it go bust. that is not right for seniors. it is not responsible for my generation and my kids. we have a plan to save it for bankruptcy so current seniors there would be n
taxes? control spending. washington spending is at the highest level in the history of the country. there is a spending problem in washington. it is not only heard in washington and our ability to balance the budget, it is hurting the economy. people in the country are going we men are managing to live within our means, why can -- we are managing to live within our means, why can't washington figure it out? >> as you know, democrats will not touch entitlement programs, she were willing to...
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Mar 13, 2013
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are taxing hours? we think the current tax code destroying jobs. it makes american business is much less competitive. that is why the ways and means committee wants to get more people working again. >> is that a shift in approach? >> our approach reflects exactly what the president's joint chiefs season minimum levels necessary to fund the mission for the pentagon. this is our first priority -- national defense. we're funding at the levels the joint chiefs say is necessary to maintain national security. >> you're talking about how the fiscal cliff deal and other improvements major job easier, but you still have to take steps to get a balance. what are those steps? >> one is a budget control act. we extend the budget control act. we also want to extend reforms on the public workforce on federal employees to include all federal employees so that their pension contribution matches those that are in the private sector. we do not think federal employees should be able to have pension systems that are far in
are taxing hours? we think the current tax code destroying jobs. it makes american business is much less competitive. that is why the ways and means committee wants to get more people working again. >> is that a shift in approach? >> our approach reflects exactly what the president's joint chiefs season minimum levels necessary to fund the mission for the pentagon. this is our first priority -- national defense. we're funding at the levels the joint chiefs say is necessary to...
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Mar 19, 2013
03/13
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tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and lastly, the c.b.c. balanced approach stands up for important programs like social security, medicare, and medicaid that have nothing to do with the economic mess that we find ourselveses in right now. now we don't have a short-term deficit crisis in america. that's what the independent objective economists have concluded. the speaker of the house of representatives has acknowledged we don't have a short-term deficit crisis. the chairman of the budget committee just yesterday acknowledged that we don't have a short-term deficit crisis. we've gained six million jobs over the last four-plus years but we
tax rates for corp. -- tax breaks for corporate jets, tax subsidies for big oil companies that are making record profits. tax incentives for american companies to ship our jobs overseas. the c.b.c. budget will close these wasteful corporate loopholes. third, we look for savings by cutting waste, fraud, and abuse. and we take this approach because of the sensitive nature of our fragile economic recovery. you can't just cut the budget with a meat cleaver without hurting the american people. and...
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Mar 16, 2013
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they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this problem but, two, recognize you have elections coming up in a year and half. you have to deal with the political reality as well. what would you advising people that are coming out with republican budgets to do? >> we have to cut the budget. but we have to have a message -- >> that is not simple and you know it. >> of course it is simple. there are so much waste and fraud -- of course it is simple. >> it is understand but not simple to do. >> it is more simple than they are not doing, they are not trying to. the problem is -- >> you have to face that fact. the people who are going to vot
they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this...
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Mar 15, 2013
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no amount of taxes can prop us up, even with chris minow promised tax hikes the deficit will be nearly trillion dollars in 2023. the answer is very clear. we have to fix entitlements and grow the economy. our budget takes the steps but also confronts a better challenge. our debt is a sign of overreach. it's a sign the federal government is doing too much. when government estimates, it doesn't do anything well. we need to make this point more often. we don't see the debt as an excuse to cut, to shirk obligations. we see it as an opportunity to reform government, to make it leaner and more effective. that's what conservatives stand for. that's who we are. [applause] a balanced budget is a reasonable goal because the returns government to proper limits and focus. the government overreaches, it doesn't just her paychecks. it hurts our quality of life. we need to make room for communities, for the vast middle ground between the government and individual. we need to remember that people don't find happiness in grim isolation or by government fiat. they find it through friendship, true for a
no amount of taxes can prop us up, even with chris minow promised tax hikes the deficit will be nearly trillion dollars in 2023. the answer is very clear. we have to fix entitlements and grow the economy. our budget takes the steps but also confronts a better challenge. our debt is a sign of overreach. it's a sign the federal government is doing too much. when government estimates, it doesn't do anything well. we need to make this point more often. we don't see the debt as an excuse to cut, to...
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Mar 17, 2013
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i tend to lead toward the flat tax/fair tax. a flat tax put across the board and a consumption tax or payroll taxes which are still come what progressive. >> weird things about how opinions and politicians change. even president obama believes in lower tax rates or at least he did a year ago in something called principles for tax reform he says and the number one principle for tax reform lower tax rate. the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. isn't that what the flat tax is all about? >> yeah. the flat tax basically gets people out of the tax so they can devote all of their brine cycles to their business. that is one of the great virtues and draws people together. if everybody is paying the same rate then i think we can unify this country again. and to mark's worry some what justifiable about the regressive nature toward poor people, just had a $30,000 or $40,000 or $50,000 the first 30, 40, 50 is exempt from taxes. so it doesn't hit the poo
i tend to lead toward the flat tax/fair tax. a flat tax put across the board and a consumption tax or payroll taxes which are still come what progressive. >> weird things about how opinions and politicians change. even president obama believes in lower tax rates or at least he did a year ago in something called principles for tax reform he says and the number one principle for tax reform lower tax rate. the tax system should be simplified and work for all americans with lower individual...
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Mar 14, 2013
03/13
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the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but both sides okay with the spending and both sides -- democrats-saying something about taxes. but there's $100 billion in there for a new stimulus plan, which i don't know how well that's going to fly. and then ryan keeping in the notion of appealing obamacare has to -- >> move on. >> that's not going to work at least for the next four years. so you keep it in there, maybe it's something you give up during negotiations. i think people watching the show should feel more hopeful, but to your point, the chasm, we're so far away from a deal, something i wouldn't bet on. >> neil: democrats claim their budget will sl
the democrats say now that, yes, we must have tax hikes, or tax something -- tax revenue, and we must have spending cuts. and that's unusual -- >> neil: but they're quicker at identifying the tax hikes than the spending cuts, and when it comes to republicans, what they offer on spending cuts of their own, don't address defense. although paul ryan has entertained caps. >> people watching the show should realize our deficits grow in both plans, and ryan's plan is for progrowth. but...
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Mar 15, 2013
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the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585- democrats, 202-585-3880. $975 billion in targeted cuts with regard to health care, military, other programs. it also raises $975 billion in new revenues from closing " -- closing tax loopholes. $100 billion in stimulus spending focusing on job training and infrastructure. house republican plan has $1.80 trillion in savings from the repeal of the health care law. it leaves $1 trillion in automatic cuts as a result of sequestration. it includes $962 billion in cuts from agriculture subsidies and food stamps, reduces money for
the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585-...
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Mar 16, 2013
03/13
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you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-ctury. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting t nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in term
you will get less tax renue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective...
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Mar 17, 2013
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$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as well as cuts in discretionary spending, moving some of them away from defense and other areas of government. the difference in the two budget, the ten-year prospect of that passed in the house of representatives is $41 trillion spending over ten years. the senate budget, which was just approved thursday night by the senate budget committee, spends $46 trillion. so you've got two differences. the senate is trying to spend more. house republicans are trying to be more efficient. >> let me ask you this, senator. president obama is trying a new strategy. he's reaching out to congress, hol
$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they don't, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and reform of medicare as...
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Mar 19, 2013
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this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped off. if you undermine the whole idea of savings, we already have a nationy we're not saving enough for retirement. all we need to do is undermine our financial system as well and it's just disaster on the way. >> neil: i'm not happy. if you don't watch fox business, she's going to come with her best-selling book and force you to read it. >> a fox news alert. the white house easter egg roll is not at risk. why there is an excess warning we're all about to get scrambled most people think that after an accident, you'll have to pay five hundred bucks for your d
this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped...
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Mar 13, 2013
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the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand on that -- guest: yes. he keeps painting regions of blue, the conservative color. people have begun up there to trust the conservatives with power. the liberal lock on the country has been broken, for now. liberals are not even the official -- official position. that is another left party. harper is a incremental list. quality, buter's he does not move the public farther than they are willing to go. he likes to -- i think the way he would put it is, they only can the common sense gene in the canadian people. they are a part of anglo- american said -- civilization. this was the
the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand...
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Mar 16, 2013
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some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of the company for the mistakes and/or held accountable by shareholders for those mistakes. the shareholderr ultimately are th owners and the company and came back in place their confidence in the way the company handled it. >> epicure exactly right. what congress is doing is ignoring math because we have interest payments that we have to pay every year, just like you have to pay the interest on your mortgage. we have an interest payment, 250 billion per year. ten years looking at nearly a trillion dollars per year just per. 1 trillion. where will we get that? we ha
some people can agree on one level taxes ought to be at. fundamental disagreements that are fought out in elections. >> you cannot ignore the math. let's be clear abouthat. >> totally different from the blue smoke and mirror games that are being played by investors. j.p. morgan. other investors. neil: the only thing i will save, and pick up on this point. the difference was that the company quickly seized and acknowledged the mistakes, on up to the mistakes, plus representatives of...
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Mar 17, 2013
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if you come talk about raising taxes, you are raising taxes on everybody and you better have a week -- a good reason. it really matters about everybody. that is what is fair. [applause] briefly, i do not have time to go into it, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to fund it, fine. 80% of the encounters between a patient and a health-care provider could easily be handled by a health savings accounts. [applause] 80% of the encounters with of the need to insinuates a third party or a bureaucracy that sucks out 1/3 of the money. we can use bridge insurance and catastrophic insurance. some of them, i do not want to call them morons, but they are similar to that. read the book. obviously,
if you come talk about raising taxes, you are raising taxes on everybody and you better have a week -- a good reason. it really matters about everybody. that is what is fair. [applause] briefly, i do not have time to go into it, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were...
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zero taxes. you to the equation and find that we are not being competitive. we need to have a tax structure that works. and stopo deregulate over burdening our companies and our entrepreneurs and we need to better educate our kids. a lot needs to be done. you will not be able to get away from the global economy reality. you will not be able to build a fence around america and thinking can prosper. if we do not export our goods, we are in serious trouble. viewere have a cure -- asking for you to tell them about the cpac of reach. guest: we want all americans to participate as one. we want everyone to have the same opportunity to succeed. we do not guarantee people success. that is not what we believe in. we are a merit-based society. our panel is not how blacks can do this or how hispanics can do that or how transgendered people can do the other or what can we do for them? our goal is to reach out and make them part of our family and have everybody equally enjoy the right in terms of all for mobil
zero taxes. you to the equation and find that we are not being competitive. we need to have a tax structure that works. and stopo deregulate over burdening our companies and our entrepreneurs and we need to better educate our kids. a lot needs to be done. you will not be able to get away from the global economy reality. you will not be able to build a fence around america and thinking can prosper. if we do not export our goods, we are in serious trouble. viewere have a cure -- asking for you to...
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Mar 14, 2013
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taxes. that is terrible for the economy. march 27 there will be a speech in georgia from steve moore. i'm sure the last thing he will say is we need to increase taxes. host: where do you see and that they can come together? caller: i have been working in politics 50 years. the republicans have compromised ourselves into a $16 trillion debt. it's time for the democrats. we have got to cut spending. obama is not doing anything accept raising taxes -- except for raising taxes. the rich are the heroes because they create jobs. i'm not against poor people, but they cannot give anybody a job. we need to stop the attacks on the rich. we need to cut spending. i am thinking of changing my name to cut spending. host: here is what steve wrote on twitter -- let's hear from dennis in massachusetts, independent. caller: how are you? i am reacting to the report that the senate plan suggests another quarter billion dollar cut to medicare after the $760 billion cut that the senate democrats have already made
taxes. that is terrible for the economy. march 27 there will be a speech in georgia from steve moore. i'm sure the last thing he will say is we need to increase taxes. host: where do you see and that they can come together? caller: i have been working in politics 50 years. the republicans have compromised ourselves into a $16 trillion debt. it's time for the democrats. we have got to cut spending. obama is not doing anything accept raising taxes -- except for raising taxes. the rich are the...
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Mar 19, 2013
03/13
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the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not understand it and thought their taxes increased. people that look at the facts understand that they have received tax reductions. i personally think we have gone a little overboard. we will have to rebalance the scales, but the president kept his promises on taxation, notwithstanding what you're caller said. you're caller is wrong. beach on twitter says the private sector will always be a better fiscal that the anything run by the government -- fact, says this person. we are talking about the budget with earl blumenauer as the house begins work on the budget put out by paul ryan last week. "the hill" rep
the only tax that increase was a temporary tax that was relief given to reduce the payroll tax to try to give a shot in the arm to the economy. that was always designed to be a temporary tax. as a practical matter, the president has, in fact, kept his pledge. it is ironic. polls show the american people thought that with the american recovery act that their taxes increase when, in fact, 94% of the people saw a reduction. what the president promised, he did, but a lot of people did not...
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Mar 18, 2013
03/13
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they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this problem but, two, recognize you have elections coming up in a year and half. you have to deal with the political reality as well. what would you advising people that are coming out with republican budgets to do? >> we have to cut the budget. but we have to have a message -- >> that is not simple and you know it. >> of course it is simple. there are so much waste and fraud -- of course it is simple. >> it is understand but not simple to do. >> it is more simple than anything they are not doing, they are not trying to. the problem is -- >> you have to face that fact. the people who are goi
they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this...
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Mar 13, 2013
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increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: i just want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not the irises felt we should point out. >> it was the fiscal cliff issue lou: as we look at this, the forecast adjustment, you look at net exports, and that inspired you. >> part of it is net exports. that is a sector that it really carry the economy from the end of the recession up until about middle of last year, and then it dropped off as things fell apart in europe, china growth wobbled, japanese growth looked pretty soft as well. lou: happening in japan. >> i love it. and more importantly, the economy looks fantastic. the housing sector continues to skyrocket. lou: don't tell me. >> spending. lou: what they call th
increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: i just want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not the irises felt we should point out. >> it was the...
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Mar 17, 2013
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he wants to raise taxes again. remember this the next time some journalist asks a republican, are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. "i will gladly take a tax hike today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically, "are
he wants to raise taxes again. remember this the next time some journalist asks a republican, are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the...
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Mar 18, 2013
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forhe plan would cut taxes everybody and eventually replace medicare with a voucher plan, cut medicaid by over $700 billion in 10 years. do the democrats have a better idea, mark? >> the democrats have a better idea by basically not letting anything compete in the spotlight with paul ryan's. numbersho looks at believe that you can cut the deficit in 10 years while simultaneously increasing defense spending and cutting 35 to 28, as from mitt romney proposed, but 39 to 25%. it is just a pipe dream. >> are we ever going to settle this thing, lois? >> and then we might. i think the charm offensive is working a little bit. mitch mcconnell is speaking well of the president in saying that we have useful meetings. his biggest problem might end up being the democrats, trying to move them through some sort of entitlement reform. >> evan? >> maybe obama has got some secret plans to, but i don't see it. this is too little too late. if he was serious about a grand bargain he would have started in november. instead, he behaved like a political hack for months, and then his polls go down and he says,
forhe plan would cut taxes everybody and eventually replace medicare with a voucher plan, cut medicaid by over $700 billion in 10 years. do the democrats have a better idea, mark? >> the democrats have a better idea by basically not letting anything compete in the spotlight with paul ryan's. numbersho looks at believe that you can cut the deficit in 10 years while simultaneously increasing defense spending and cutting 35 to 28, as from mitt romney proposed, but 39 to 25%. it is just a...
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Mar 13, 2013
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and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. so let's break down this play. charles? uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? you have a sailboat. ♪ j♪ dreams of landns meet sea, deliciously ♪ ♪ friskies surfin' and turfin' favorites. ♪ ♪ feed the senses. it shows. we don't run like that. we build john deere equipment the way we always have: the right way. times change. our principles don't. you don't just have our word on it. you've got our name on it. that's how we run. nothing runs like a deere. discover the full line of riding lawn equipment at johndeere.com/howwerun o
and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. so let's break down this play. charles? uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the...
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Mar 13, 2013
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increase, though higher taxes are showing up as a concern in customer surveys. shares rose fractionally today and they're up about 8% year to date. >> strong earnings from costco up 39% and that's thanks to an increase in quarterly profits and helped by increasing sales and gained market share during the quarter. shares more than 1% to more than $103 a share. >> two dow component pharma stocks headed in opposite directions. continuing the okay to continue the safety and effectiveness of vytorin as the cholesterol-busting treatment. this made by pfizer can cause fatal irregular heart rhythm. merck gained 3% on the day while pfizer lost ground. >>> president obama's nominee to chair the securities and exchange commission says she'll be an investor advocate. mary jo white questioned by senators at her confirmation hearing this morning said that if confirmed the american public would be her client and that she would not back off if there was any evidence of wrongdoing at major institutions. >> assuming you found wrongdoing, i think you'd proceed quite vigorously aga
increase, though higher taxes are showing up as a concern in customer surveys. shares rose fractionally today and they're up about 8% year to date. >> strong earnings from costco up 39% and that's thanks to an increase in quarterly profits and helped by increasing sales and gained market share during the quarter. shares more than 1% to more than $103 a share. >> two dow component pharma stocks headed in opposite directions. continuing the okay to continue the safety and...
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Mar 20, 2013
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this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as well. neil: craig, this is a concern. if others get a cue from this watch out. >> california is a trendsetter. as a small business owner, my other friends who are small business oers we've been hit with 5 to over 100,000-dollars in fourth quarter of last year in retro active tax, that is job, and investment money and a downer on christmas. now a new one that bureaucrats at franchise tax board are making a decision, it is politicians that are out of control, california is worst with highest tax state, the highest sales tax s
this is just a new tax law. a court ruling that overturned this tax credit in the law, but instead of moving forward now with that new law in place, california state government decides to go back to try to reach the taxes from business owners who had no idea they had this liabilitiy, that is a first problem. the second problem, is this the new trend in state taxes? will we start seeing the cash strapped states pick up on this. and they will weed taxpayers in the fiscal year but from before as...
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Mar 13, 2013
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lou: disease a tax increase is? >> spending cuts plus tax increases. [laughter] lou: we are out of time. we will bring you back with more than 302nd. >> of afford to it. lou: thanks so much. >> thank you. lou: the book is turnaround. we appreciated.
lou: disease a tax increase is? >> spending cuts plus tax increases. [laughter] lou: we are out of time. we will bring you back with more than 302nd. >> of afford to it. lou: thanks so much. >> thank you. lou: the book is turnaround. we appreciated.
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Mar 13, 2013
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, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the hse for democrats, so the president is at least engaged in an operational pause so you can quiet the criticism. >> that is because the last two weeks have not gone well for the president. using all these scare tactics. the american people look at all the waste in the budget and say wait a minute, have to cut the parks rather than get rid of the conferences for wine tasting and things like that. i'm great to see the polls are reflecting that. gerri: i was interested in what paul ryan had to say about his budget. he wrote the
, taxes, taxes, texas. you have been looking at some of the numbers r the president, doesn't look so good for him right now. >> that is pretty evidently why. we have seen disapproval up, people generally side with republicans on how much spending there ought to be, they will make a sudden break, very urgent and sudden break away from the prior tactic which said he was ing to drag the g.o.p. through the fiscal fights over the next 18 months and go through victory in 2014 and win back the...
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Mar 21, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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Mar 13, 2013
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and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? you have a sailboat. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by
and why your tax refunds could be delayed for weeks. people are waiting for uncle sam to cut them a check, minutes from now. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. uh, charles couldn't make it. his single miles card...
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Mar 18, 2013
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we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in the news and we're moving in the right direction. we are beginning to recover from near financial ruin. but our recovery is fragile and desperately needs a shot in the arm to accelerate our economic recovery. instead the republican-controlled house voted -- thought it best to poison the economy and throw away the antidote. according to leading economists, once sequestration is full yimplemented, america is going -- -- fully implemented, americans are going to lose $2.-- 2.14 million jobs. those are two million jobs that exist now
we propose reforming the tax code. we propose ending special tax breaks and closing tax loopholes like the mortgage deduction for vacation homes and yachts, eliminating the deduction for derivative traders and eliminating incentives for sending american jobs overseas. we propose taxing capital gains and dividends as ordinary income, raising about $900 billion over 10 years. these changes, mr. speaker, would generate much-needed revenue. the country has begun to recover. we see it every day in...
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Mar 18, 2013
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tax reforms we would never allow tax reform to hide a tax increase. periodically politics and -- this a tax reform the what they mean is they want to raise taxes. two ways to raise income taxes, raise the rate or broaden the base to bring the rates down. the pledge says no raising the rates and, two, if you want to get rid of deductions and credits, that is great but bring the rates down dollar for dollar. paul ryanhat does. host: chris on the republican line. you are on what grover norquist. caller: thank you for c-span. norquist, i think there is a big problem. perception is everything when it comes to marketing and it is the perception that the democrats are able to get across. because the democrats, they know their audience, they know who they are pandering to, they know who they are selling to. and they treat them like stupid children. and it works. i will give you an example. you remember when the bush tax tom- first came out and shall and dick gephardt -- tom daschle and dick kept part, the minority leaders, did not have anything, but yet they
tax reforms we would never allow tax reform to hide a tax increase. periodically politics and -- this a tax reform the what they mean is they want to raise taxes. two ways to raise income taxes, raise the rate or broaden the base to bring the rates down. the pledge says no raising the rates and, two, if you want to get rid of deductions and credits, that is great but bring the rates down dollar for dollar. paul ryanhat does. host: chris on the republican line. you are on what grover norquist....
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Mar 16, 2013
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you paid your taxes and how is it that g. workers are guiltying away with not paying theirs. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional co
you paid your taxes and how is it that g. workers are guiltying away with not paying theirs. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from...
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Mar 20, 2013
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it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. the gentleman from south carolina. mr. mulvaney: i'd like to yield two minutes to the gentleman from california, mr. campbell. the chair: the gentleman from california is recognized for two minutes. mr. campbell: thank you. i thank the gentleman from south carolina. thank you, mr. chairman. sometimes, mr. chairman, you live in a neighborhood, you look down the street, and there is a neighbor there. and they got new cars and they are remodeling the kitchen and they take a lot of expensive vacations. you look down the street and
it said as part of tax reform don't raise taxes on middle income people to finance your tax breaks for folks at the very top. every republican voted no. so, yes, this plan that the gentleman has brought forward today, apparently under sort of a mock bipartisanship, will reduce the deficit in a balanced way. calls for a shared responsibility. and certainly does not give folks at the very top a tax break financed by middle income taxpayers like the republican proposal does. i reserve the balance...
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Mar 19, 2013
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they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform entitlements. we have our own way of doing that, but there could be others. unfortunately our friends on the other side are largely silent about that important choice. as my friend, mr. woodall, mentioned in his remarks, the ryan budget, is hardly a radical budget. it's going to increase spending every single year over a 10-year wind heo by about 3.5%. the main democratic alternative is about 5%. can't we live at 3.5% and have a balanced budget in 10 years as opposed to go to five with higher taxes and not balance the budget within that 10-year window? again i'm proud of my d
they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to grips with the reality that we have to -- reform...
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Mar 19, 2013
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and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to continue to incur these massive debts. of course, when he said it, since he said it, our debt is multiples of what he was decrying at that time. we are piling mountains and mountains of debt on our children and our grandchildren to fuel our addiction to spending and it's got to stop and it's got to stop now. i'm proud to stand for this republican budget and i urge its passage. i give back the rest of my time. the chair: the gentleman yields back the balance of his time. the gentleman from maryland. mr. van holl
and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to...
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Mar 17, 2013
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he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good morning. i hope the party follows senator ator cruz's dialogue about not telling americans on american soil. same big promises, we want smaller government, we do not want to do unnecessary wars and stuff. same with obama. he ran on shutting down guantanamo bay and closing down big brother. he made all worse. i guess that is what i want to say, not so much the speeches, but the execution. host: thank you for the call. let me sherry what -- -- let me share with you what bill kristol writes this morning. he points out -- he points out americans being tired of the wars, wars that bill kristol and o
he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good...
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haven't raised that tax in 20 years. so if we just indexed it to construction cost inflation, and indexed it to the economy, we could issue bonds, pay it off by that increment on the gas tax. it would be about a penny a year a gallon. i was driving to work one day they were changing the cards up there. they were raising it a nickel a gallon as i drove by. a penny a gallon. i think most americans would be willing to pay for that if they knew it was going to save 3.5 -- or create 3.5 million jobs and put this country back on track and get rid of some of the delays and congestion and detours and all the other problems we have. so let's pay attention to this scorecard. to this report card. if your kid came home with a card like this you'd do something about it. congress better do something about it. the speaker pro tempore: the chair recognizes the gentleman from texas, mr. poe, for five minutes. it was mr. speaker, june, 1950, when the north koreans decided they would invade their neighbors to the south, south korea. the wa
haven't raised that tax in 20 years. so if we just indexed it to construction cost inflation, and indexed it to the economy, we could issue bonds, pay it off by that increment on the gas tax. it would be about a penny a year a gallon. i was driving to work one day they were changing the cards up there. they were raising it a nickel a gallon as i drove by. a penny a gallon. i think most americans would be willing to pay for that if they knew it was going to save 3.5 -- or create 3.5 million jobs...
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growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish out of the out of the sixty's. forty's and fifty's at the end of the day the republicans mitt romney really phrased it badly but at the end of the day if you look at the economics and you look at the statistics behind his point he's very right a report came out this year that showed forty seven percent of americans aren't paying taxes they're not getting into the system they are not getting they are paying for not paying several taxes are you just running he was running they were federal office now come on your you know you say this. really did that want to do if you look at the the language he u
growth over three percent only time in the history the united states top tax rates were at ninety one percent how can that be a bad thing well right now we're not in the forty's fifty's sixty's i mean though there's a lot of tax rate that drop there's a lot of bad policies from the forty's fifty's and sixty's and a lot of americans don't want to go back to right now. let's see before the civil rights act that's so security is running broke so i think americans would appreciate that being fish...
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Mar 13, 2013
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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i don't think he should have said a ban, he should have raised taxes. we have to pay for it in health care the reason you want to do it. it's not because we're so concerned about what other people are consuming, it's he related to diabetes and people gain weight and the health care costs get passed on to everybody living a healthy life, tax them. >> i think the media has gone after him in part because he went after it brutally and tell what you to do and sarah palin said goodness gracious get out of my fridge. and people feel it's too heavy handed. on the other hand there's nothing wrong with saying there's too much obesity. obesity is a problem and i think especially in the minority communities and our children and i'm for the spirit of it, but he didn't have to pass a law. i mean-- >> he didn't pass a law. >> he passed a law through the city council that would have been better. but wouldn't have gotten it through. >> there's a long line of bad human habits i disagree with, but i don't think that we should tax i don't think that we should try to-- >> r
i don't think he should have said a ban, he should have raised taxes. we have to pay for it in health care the reason you want to do it. it's not because we're so concerned about what other people are consuming, it's he related to diabetes and people gain weight and the health care costs get passed on to everybody living a healthy life, tax them. >> i think the media has gone after him in part because he went after it brutally and tell what you to do and sarah palin said goodness gracious...
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patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things that maybe some of the other people in the house might not like. >> andrea: this is by design. he looks moderated today. you the progressives on the left, hammering him on the chain cpi. he looks presidential, finally, five years late going to work on the hill he is pulling a clinton. like he is triangulating. he knows the progressives have nowhere else to go. this is good. the left wing, after me, i moved to the middle, though we know he has not. >> dana: one group is not happy. congressional black caucus said to president obama they are unsatisfied with the number of african-americans who have been
patry ryan says there is a democrat that deals with the tax increases. president obama was one that -- in fact, every time he tries to propose a budget, it fails in the senate with zero -- >> dana: this is the first time in 92 years the congress moved forward ahead to the president. >> bob: what are the $7 trillion in cuts? >> you can watch paul ryan on "hannity" tonight. >> eric: he talks about hitting entitlement spending. he is very aggressive the things...
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melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral. we're not asking to take less money from people or more money. we're asking to simplify the code. most of us can't even fill out a tax return now without having professional help or at least turbotax to get us through it. it doesn't have to be that. it shouldn't have to be that way. if we do revenue neutral way. by that taking no more than 19 or so percent of gdp more than enough to run any government, especially this federal government. we're hoping to get some bipartisan support around that. melissa: there is talk about what draconian cuts this budget represents. at the same time we're only
melissa: part of your plan calls for tax reform. it is a two bracket code. >> yeah. melissa: the lower bound bracket is 10%. the language is a little fuzzier about the top individual rate but something like 25%. how reasonable do you think it is that something like this wouldappen and what would be the end result? >> well, i think it is very reasonable, and i think we have hopefully bipartisan come rod dry around this and ernest around this. you know what? it is revenue neutral....
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reform, where we can lower both the income tax and corporate tax, i want to reward productivity, not punish productivity. we have to keep making things and building things and en vating, those -- invo vating, those are companies environment brincompanies that i wantto brih carolina's work force and our tax climate and quality of life, and right to work status, which we've had for a long time, and we're got goiig to change it, is a great retributemen recruitmen. neil: how much do you look at problem that boeing has been having, to get the dreamliner batteries fixed. were you breathing a sigh of relief? >> if you talk about the labor unions, and what the obama administration was doing with that, that is ridiculous. i'll fight with my fellow competitors even in south carolina to protect our right to work stat us in north carolina and my neighbors competing states, that very important. neil: regardless, both and other companies to look to right-to-work states, your own included, that is not disrupted by whatever problem it had? >> no. no, not at all. and the other thing, we have to be ca
reform, where we can lower both the income tax and corporate tax, i want to reward productivity, not punish productivity. we have to keep making things and building things and en vating, those -- invo vating, those are companies environment brincompanies that i wantto brih carolina's work force and our tax climate and quality of life, and right to work status, which we've had for a long time, and we're got goiig to change it, is a great retributemen recruitmen. neil: how much do you look at...